3. Ravi Ltd. proposed a dividend of 15%, The Authorized capital of the company is Rs. 10,00000 and the paid up equity capital of the company is Rs.3,00,000. Dividend payable is
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Answer:
dividend payable is Rs 45000
Explanation:
issued capital of the company is 300000
from issued capital the company pays dividend
so 300000×15%=45000
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